Forvis Mazars Wealth Advisors LLC purchased a new position in iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,663 shares of the company’s stock, valued at approximately $773,000.
Other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC lifted its holdings in shares of iShares U.S. Utilities ETF by 13.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,169 shares of the company’s stock worth $219,000 after acquiring an additional 249 shares during the last quarter. NewEdge Advisors LLC grew its position in iShares U.S. Utilities ETF by 12.2% in the second quarter. NewEdge Advisors LLC now owns 6,383 shares of the company’s stock worth $732,000 after acquiring an additional 694 shares in the last quarter. Waverly Advisors LLC grew its position in iShares U.S. Utilities ETF by 1.3% in the second quarter. Waverly Advisors LLC now owns 18,043 shares of the company’s stock worth $2,068,000 after acquiring an additional 240 shares in the last quarter. Citadel Advisors LLC grew its position in iShares U.S. Utilities ETF by 863.9% in the second quarter. Citadel Advisors LLC now owns 20,771 shares of the company’s stock worth $2,381,000 after acquiring an additional 18,616 shares in the last quarter. Finally, TD Waterhouse Canada Inc. increased its stake in iShares U.S. Utilities ETF by 155.1% in the second quarter. TD Waterhouse Canada Inc. now owns 8,055 shares of the company’s stock valued at $911,000 after acquiring an additional 4,897 shares during the last quarter.
iShares U.S. Utilities ETF Stock Up 0.5%
IDU opened at $106.74 on Wednesday. The business’s fifty day simple moving average is $107.22 and its 200 day simple moving average is $111.97. iShares U.S. Utilities ETF has a 52 week low of $100.00 and a 52 week high of $120.82. The stock has a market cap of $1.44 billion, a PE ratio of 21.72 and a beta of 0.56.
iShares U.S. Utilities ETF Company Profile
iShares U.S. Utilities ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Utilities Index (the Underlying Index). The Underlying Index measures the performance of the utilities sector of the United States equity market. Its components primarily include utilities companies. BlackRock Fund Advisors acts as an investment adviser of the Fund.
Recommended Stories
- Five stocks we like better than iShares U.S. Utilities ETF
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
- Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs
Want to see what other hedge funds are holding IDU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report).
Receive News & Ratings for iShares U.S. Utilities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Utilities ETF and related companies with MarketBeat.com's FREE daily email newsletter.
